In last trading session, Inseego Corp (NASDAQ:INSG) saw 0.46 million shares changing hands with its beta currently measuring 1.61. Company’s recent per share price level of $12.19 trading at -$0.32 or -2.56% at ring of the bell on the day assigns it a market valuation of $182.35M. That closing price of INSG’s stock is at a discount of -69.57% from its 52-week high price of $20.67 and is indicating a premium of 82.94% from its 52-week low price of $2.08.
For Inseego Corp (INSG), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Inseego Corp (NASDAQ:INSG) trade information
Upright in the red during last session for losing -2.56%, in the last five days INSG remained trading in the red while hitting it’s week-highest on Friday, 02/21/25 when the stock touched $12.19 price level, adding 15.29% to its value on the day. Inseego Corp’s shares saw a change of 18.81% in year-to-date performance and have moved -7.09% in past 5-day. Inseego Corp (NASDAQ:INSG) showed a performance of 1.75% in past 30-days.
Wall Street analysts have assigned a consensus price target of 17 to the stock, which implies a rise of 28.29% to its current value. Analysts have been projecting 17 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would drop -39.46% in reaching the projected high whereas dropping to the targeted low would mean a loss of -39.46% for stock’s current value.
Inseego Corp (INSG) estimates and forecasts
This year revenue growth is estimated to rise 0.52% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 32.06M for the same. And 3 analysts are in estimates of company making revenue of 40.77M in the next quarter. Company posted 45.01M and 59.15M of sales in current and next quarters respectively a year earlier.
Inseego Corp (NASDAQ:INSG)’s Major holders
AVIVA HOLDINGS LTD. is the top institutional holder at INSG for having 1.3 million shares of worth $13.89 million. And as of 2024-06-30, it was holding 10.9709 of the company’s outstanding shares.
The second largest institutional holder is BRASLYN LTD., which was holding about 0.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.4099 of outstanding shares, having a total worth of $8.12 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 304.11 shares of worth $3.71 million or 2.03% of the total outstanding shares. The later fund manager was in possession of 137.94 shares on Sep 30, 2024 , making its stake of worth around $1.68 million in the company or a holder of 0.92% of company’s stock.
